politics
Hassett: Warsh 'not asking the White House for advice' on interest rates
Why this matters: political developments that affect policy direction and public trust.
National Economic Council (NEC) Director Kevin Hassett said Monday that Federal Reserve Chair Kevin Warsh is not soliciting advice from the White House on monetary policy. “We’re very close friends,” Hassett said on CNBC’s “Squawk Box,” referring to Warsh. “We’ve known each other for 30 years. … We
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